Dixon Technologies announced its Q4FY23 results on May 23, reporting a net profit of 80.6 crore, registering a growth of 27.7 per cent, compared to 63.1 crore in the corresponding quarter last year. The company’s revenue from operations in the January-March quarter stood at 3,065.5 crore, posting a rise of 3.8 per cent, compared to 2,953 crore in the year-ago period. The company’s board declared a final dividend of 3 per equity share of the face value of 2 each, for fiscal 2022-23, subject to the approval of shareholders. ‘’Recommendation of Final dividend on the Equity Shares of the Company for the Financial year 2022-23 at the rate of Rs. 3/- per Equity Share of the face value of Rs. 2 each, out of the profits of the Company. The dividend, if approved by the members of the Company at the ensuing 30th Annual General Meeting (“AGM”), will be credited/ dispatched within 30 days from the date of AGM,” according to a regulatory filing by the company to the stock exchanges. On the operating front, the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) for the fourth quarter came in at 156.3 crore, reporting a growth of 32.3 per cent, compared to 118 crore in the same period last fiscal. The company’s total income (revenue + other income) for the fourth quarter of fiscal 2022-23 stood at 3,067.27 crore, compared to 2,954.57 crore in the corresponding quarter last year. Total expenses for the quarter under review stood at 2,956.7 crore, as against 2,867 crore in the year-ago period. On May 23, shares of Dixon Technologies settled 1.93 per cent higher at 3,275.7 apiece on the BSE.